Thank you for the opportunity to respond. We are mindful of the concerns raised regarding the sourcing of phosphate rock from the Boucraa region in the Western Sahara. PotashCorp remains committed to ensuring that all our suppliers comply with international law and labor practices, as well as the high ethical standards that are defined in our Code of Conduct.

While the long-term governance of Western Sahara is a complex and emotive issue, we have been rigorous in our evaluation of our supplier's (OCP's) activities. Based on a number of assessments - including comprehensive reviews, analyses and visits - we believe that OCP's operations and investments in the region have and continue to provide substantial economic and social benefits to the Saharawi people.

We are committed to open and transparent communications and have published our findings (including an update last month) on our website. We would direct you to the due diligence conducted [report attached]